2018 2019
Sales Revenue ₱ 965,000.00 ₱ 1,152,500.00
Less: Cost of Goods Sold 525,000.00 585,250.00
Gross Profit ₱ 440,000.00
Operating Expenses
Salaries & Wages ₱ 98,270.00 ₱ 112,740.00
Advertising 65,000.00 55,000.00
Transportation 12,500.00 11,500.00
Office Supplies 20,500.00 22,100.00
Depreciation 8,950.00 14,630.00
Insurance 12,900.00 12,900.00
Interest 9,000.00 9,000.00
Rent 32,000.00 32,000.00
Repairs & Maintenance 16,980.00 25,000.00
Training & Development 145,000.00 155,000.00
Utilities 20,500.00 22,500.00
Total Operating Expenses 441,600.00
Net Income Before Taxes -₱ 1,600.00
2019 2020
₱ 1,250,250.00
610,000.00
₱ 567,250.00 ₱ 640,250.00
₱ 112,740.00
36,000.00
13,000.00
17,250.00
14,630.00
12,900.00
9,000.00
32,000.00
34,860.00
87,200.00
13,400.00
472,370.00 382,980.00
₱ 94,880.00 ₱ 257,270.00